A Politician making bank on a war company while sitting on the armed services committee … You gotta love it.

We are witnessing political stock trading history Tuberville's HUMA trade is up another 17% today And now 200% since his filing came out back on April 15 A Politician making bank on a war company while sitting on the armed services committee … You gotta love it. And for… pic.twitter.com/9qqcz6uX4Q — Nancy Pelosi Stock Tracker …

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The top 1% amassed wealth by 500% while 99% struggle with rising costs. Income disparity threatens the American Dream as inequality hits record highs.

https://www.youtube.com/watch?v=gmnO4O1MBdM The decline of our country is explicit. While 99% of our population is struggling to adapt to the rising cost of basic necessities, the top 1% of ultra rich Americans has seen their wealth increase by nearly 500% over the past four years. Though an America where some have more money than others is …

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Massive withdrawals rock China, while Japan faces unprecedented stock exodus.

Financial earthquakes shake Asia: China’s record bank withdrawals, Japan’s historic stock exodus. BREAKING 🚨: China China sees largest bank withdrawals in history last month of just under 4 trillion yuan pic.twitter.com/EDJSfL8ZyB — Barchart (@Barchart) May 24, 2024 🚨 🚨 Japan Stocks just saw the largest weekly outflow in history of $5.9 billion pic.twitter.com/uyFnbkHeQx — Win …

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Russia is Carpet Bombing Ukraine on Several Fronts, While Moving Thru Ukraine Towns & Fortified Strongholds Like a Hot Knife Thru Butter

Formerly thought of as nearly impenetrable, zelensky’s fortified, high ground city Chasov Yar is being consumed by Russian air and ground bombardment, paratroopers, and ground forces. Russian military has overrun the eastern outskirts of the city, and is attacking from the north and south perimeter of the city. It has also taken control of a …

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The S&P 500 is near an ATH while the S&P 500 Earnings Yield has collapsed and is at 2008 levels and still moving lower.

The S&P 500 is near an ATH while the S&P 500 Earnings Yield has collapsed and is at 2008 levels and still moving lower. 👇🏼 But please, tell me how all this is bullish. pic.twitter.com/PCS1zak6lz — Kalani o Māui (@MauiBoyMacro) May 20, 2024 Nvidia earnings will be the apex of a global super crash. Nvidia …

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The Stag In Stagflation! Non-farm Productivity In Q1 Grew At A Measly 0.3% Annuaized While Unit Labor Costs Soared 4.7%

by confoundedinterest17 Fed Chair Powell yesterday said he doesn’t see the “stag” in stagflation. Really? Well, in Q1 in the US… it failed to show up as non-farm productivity – or nonfarm employee output per hour – rose at a measly 0.3% annualized rate after an upwardly revised 3.5% gain in the prior period (well below expectations)… Source: …

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Simply Unaffordable! Mortgage Demand (Purchase Applications) Fall 14% Compared To One Year Ago While HUD Energy Rules Will Add Up To $31,000 To New Home Prices (Payback Time Is 90 Years)

by confoundedinterest17 Housing in the US is simply unaffordable, particularly after HUD levied new regulation rising the cost of new housing up to $31,000. Wait for this to kick into the data for mortgage demand! Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications …

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Out Of Control! US Public Debt UP 25% Under “Robo Joe” Biden While Interest On US Debt Is UP Over 105% (Unfunded Entitlements Reach $215 TRILLION)

by confoundedinterest17 The US debt and Federal spending is out of control. As is entitlement spending. In 2007, the U.S. national debt was below $10 trillion, and the budget deficit was about $160 billion. Federal spending was about $3 trillion, and interest payments were approximately $400 billion. Then the numbers spiraled out of control. Yet Biden/Congress keep shoveling …

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Stagflation Alert? Bidenomics Is REALLY COVID-Related Spending (Q1 Real GDP Was 2.97% YoY, 1.6% QoQ While The Federal Government Spending Was 4.21% YoY, Core PCE Price Index Rose 3.7%!)

by confoundedinterest17 COVID was a gift to Biden. The furious Federal spending of Q2 2020 through Q1 2021 helped keep GDP growth above recession levels. Ignore Biden’s demented rants/lies about cutting the debt in half. Biden has claimed he cut the $34+ trillion national debt by $7 billion, $1.4 trillion, $1.7 billion, $1.7 trillion, and …

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Graham and Connolly spotlight foreign aid while Americans’ needs remain sidelined.

In a political theater starring Lindsey Graham and Rep. Gerald Connolly, aid flows abroad, neglecting Americans’ needs. Here comes war pig Lindsey hitting the Sunday shows to praise selling out the USA. https://t.co/AejIvozu3p — Catturd ™ (@catturd2) April 21, 2024 Check out this POS. https://t.co/uBNE7OvApv — Catturd ™ (@catturd2) April 21, 2024 Ukraine “Aid” & …

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Existing Homes Sales DOWN -10% From Last Year While Median Price Rises 4.8% YoY (Doesn’t Soothe Me!)

by confoundedinterest17 Somehow, today’s Existing Home Sales number don’t soothe me. After the collapse in housing starts and permits in March, it is no surprise that existing home sales disappointed in the same month, dropping 4.3% MoM (-4.1% exp) after surging 9.5% in February. That is the biggest drop since Nov 2022. Sales were down almost 10% from a …

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Target Is Getting Crushed While More Retail Business Chains Collapse

Target, once the darling of the retail industry, is witnessing a notable decline this year. This retail giant, known for its commitment to quality, style, and affordability, has faced various challenges that have impacted its market position. Their financial performance has taken a nosedive, with profits dropping dramatically over the past year. Recently, its management …

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China’s yuan onshore rate is hitting the daily limit repeatedly, while offshore remains weak.

More trouble for China's yuan ahead. Already high drama w/onshore rate (CNY) right at the 2% daily limit day after day. Offshore continues to be substantially weaker. Given what the Chinese reported from their economic situation, can't blame CNY or CNH. Economy is not responding. pic.twitter.com/nTzeSxVe9r — Jeffrey P. Snider (@JeffSnider_EDU) April 17, 2024

Stoltenberg admits Ukraine might need to give in, while Zelensky won’t talk to Putin.

In a rare moment following more than two years of war, NATO Secretary-General Jens Stoltenberg has belatedly admitted the Ukraine may have to compromise with Russia at the negotiating table. He made the remarks in a fresh interview with BBC at a moment he’s urging Western allies to commit to approving his proposed five-year, 100 billion …

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TSMC gets $6.6 billion in chipmaking cash from Biden while pledging to build a third Arizona plant

The Biden administration said Monday it plans to send up to $6.6 billion in federal grants to the Taiwan Semiconductor Manufacturing Company (TSM) as the chipmaking giant promises a $25 billion Arizona expansion that will bring a third TSMC fabrication plant to that state. The deal, the second major US chipmaking grant announcement of the …

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Fear The Talking Fed! How The Fed And Federal Government Destroyed The US Dollar (Purchasing Power DOWN -32% Since The Subprime Crisis While M2 Money Has Grown By 177%)

by confoundedinterest17 We are living in the USA where corruption, favoritism, open borders and an out-of-control Federal budget and debt are destroying this once great nation. Former Kansas City Fed President Thomas M. Hoenig was absolutely right when he said recently that The Federal Reserve panders to Wall Street, Congress and special interest groups, prioritizing immediate relief over …

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